New York retreating on its Climate Act

How this works out now remains to be seen. If the budget bill tactic works, it could happen pretty quickly. Hochul has taken the political high ground of “affordability,” and a lot of Democrat legislators are massing on that rhetorical hill as well. It just might work.

New York retreating on its Climate Act

The biggest enemies of renewable energy are … environmentalists

Radio NZ reports: A plan to fast-track a controversial West Coast hydro scheme has been given an initial go-ahead. The West Coast lines company, Westpower, has applied to fast-track its controversial plans to build a run-of-river hydro scheme on the Waitaha River, and in its draft decision the fast-track expert panel has given it approval.…

The biggest enemies of renewable energy are … environmentalists

BlackRock CEO Abandons Climate Delusion for Investor Needs

After years of climate-driven experimentation – forced by deluded or dishonest politicians and business titans – the failures became too many and too consequential to be ignored. Little wonder that Larry Fink has turned his ear away from the rhetoric of alarm and toward client demands for strategic guidance.

BlackRock CEO Abandons Climate Delusion for Investor Needs

Labour’s fuel crisis policy is silence

The Herald reports: Labour leader Chris Hipkins isn’t providing an alternative plan of action to help struggling New Zealanders facing pain at the pump and the threat of rising prices elsewhere.  Asked repeatedly what alternatives Labour could suggest, Hipkins said the onus to present ideas was on the current Government.  He gave some principles, such…

Labour’s fuel crisis policy is silence

Taking comfort from the 1970s

When a story recently emerged about the government getting advice on carless days under the Petroleum Demand Restraint Act, older New Zealanders will have felt a warm flush of nostalgia.  The 1979 restrictions brought coloured windscreen stickers announcing the weekday car owners had promised not to drive. Thursday proved the most popular choice. A thriving black market followed. Forty-three percent of vehicles secured exemptions. 

Taking comfort from the 1970s

Energy Expert: Germany’s Nuclear Phaseout Was A “500 Billion Euro Mistake”

Professor Fritz Vahrenholt revisits Germany’s transition to green energies (Energiewende), calling the country’s exit from nuclear power a huge mistake, one that even the current government now acknowledges. Prof. Fritz Vahrenholt (photo) looks at the high costs of green energy subsidies in Germany. In 2025, wind and solar operators received approximately €16.5 billion in government…

Energy Expert: Germany’s Nuclear Phaseout Was A “500 Billion Euro Mistake”

Electric Car Mandates Start To Bite

By Paul Homewood   Car manufacturers must ensure that electric cars make up at least 33% of their total registrations this year or face swingeing government fines of £12000 for every car they are short. So far, they are struggling at below 22%, which is even less than at the same stage last year. They […]

Electric Car Mandates Start To Bite

How much more will oil prices have to go up?

[Robin] Brooks: So let me give you two ways of thinking about what’s going on, both of them are really about trying to think about what kind of risk premia need to be priced in oil, given all the massive uncertainty that we have. The first way that I’ve been thinking about this is—I spent […]

How much more will oil prices have to go up?

If Iran stopped exporting oil

By ChatGPT-5.2 If Iran’s oil exports alone stopped, the world would feel it, but it would probably be a serious price shock rather than an immediate global supply collapse. Iran has recently been exporting roughly 1.1–1.5 million barrels a day, close to its 2025 average of about 1.69 million barrels a day, with China buying more than 80% of those shipped […]

If Iran stopped exporting oil

Stagflation, Recession? Probably Not

See Why the Oil Shock Probably Won’t Derail the Economy. And One Way It Might: The U.S. is a net petroleum exporter and productivity is improving, but the bigger risk is stubborn inflation by Greg Ip of The WSJ. Stagflation combines the words stagnation and inflation. If oil prices rise, supply shifts to the left because the…

Stagflation, Recession? Probably Not

Wake-up Call: Survey Shows Majority Of Germans Now Favor Postponing Climate Targets!

According to the survey, 53 percent of Germans are in favor of pushing back the target for climate neutrality from 2045 to 2050. This shift would align Germany with the general European Union timeline and end the current “special path” (Sonderweg) of an accelerated exit.

Wake-up Call: Survey Shows Majority Of Germans Now Favor Postponing Climate Targets!

Inconvenient wind turbine facts

Wind turbines are intermittent, inefficient, labor-and resource-intensive, and require a tremendous footprint on land or water. These massive turbines extract a heavy toll on eagles, hawks, birds, bats, and marine life.

Inconvenient wind turbine facts

U.S. Withdrawal from UN Framework on Climate Change Underway

“The global climate elite are scrambling for relevancy and power. The poll-conscious wind and solar lobbies are disingenuously pitching affordability. And the climate zealots are getting nutty. Energy reality bats last.”

U.S. Withdrawal from UN Framework on Climate Change Underway

Britain has just two days of gas as Middle East flow runs dry

By Paul Homewood   h/t Doug Brodie     Britain has as little as two days of gas stored up, raising fears of a potential crisis as supplies from the Middle East dry up. The UK’s gas reserves have shrunk from 18,000 GWh worth last year to 6,700 GWh – enough for just 1.5 days […]

Britain has just two days of gas as Middle East flow runs dry

New results on the economic costs of climate change

I promised you I would be tracking this issue, and so here is a major development.  From the QJE by Adrien Bilal and Diego R Känzig:: This paper estimates that the macroeconomic damages from climate change are an order of magnitude larger than previously thought. Exploiting natural global temperature variability, we find that 1○C warming reduces world…

New results on the economic costs of climate change

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